MYOB has been Singapore’s number one choice for small business accounting software for more than a decade. Yet five years ago it was facing its greatest challenge – how to maintain its position as a market leader as software delivery and data storage started migrating to the cloud.
Rather than put its weight into one program to take on new competitors such as Xero and Saasu, MYOB decided to fight the war on two fronts. The first was to “cloudify” its flagship desktop program MYOB AccountRight by producing a version that saved the company file to the cloud as well as the desktop.
What it does
Essentials contains the basic building blocks: banking (transactions and reconciliation), sales, expenses, contacts, payroll and reports. Several neat features help it stand out from the crowd.
MYOB has come up with innovative ideas to improve workflow. A feature called smart bills automatically scans accounts payable invoices emailed or dragged into Essentials. The program uses the same technology as a scanner (optical character recognition, or OCR) to read the text in an invoice and identify important numbers such as GST, total cost, supplier invoice number, date of issue and so on.
Proven, award winning accounting solutions!
MYOB accounting solutions are feature rich and while the primary function is accounting, the products offer options that go far beyond double entries with user definable options that help you manage and take control of your business better!
We are proud to annouce that Onestop Accounting software Solution are one of the Top Growth Partner with MYOB. We offer a range of MYOB products for your business needs, including Accounting, Payroll and Retail Management.
Please visit us on www.onestopaccounting.com